Product Manager, Procurement Contract & Sourcing Solutions

Application Deadline:

10/15/2024

Address:

250 Yonge Street

Job Family Group:

Technology

Reporting into the Sr. Manager, Product Delivery within the broader Procurement Digital Transformation & Strategy team, the Product Manager, Procurement Contract & Sourcing Solutions provides subject matter expertise for contract lifecycle management and sourcing systems related initiatives supporting the Procurement functions which include sourcing, purchasing, accounts payables, as well as Legal. This role lead large digital programs and initiatives, supports and maintains current SaaS platforms and delivers on operational goals. They maintain ongoing relationships with key stakeholders while keeping abreast of industry best practices in the contract lifecycle management (CLM) and Sourcing technology space. Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.

• Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.

• Ensures alignment between values and behaviour that fosters diversity and inclusion.

• Regularly connects work to BMO’s purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through. 

• Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders. 

• Attracts, retains, and enables the career development of top talent.

• Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance. 

• Acts as a trusted advisor to assigned business/group.

• Assists in the development of strategic plans.

• Identifies emerging issues and trends to inform decision-making.

• Influences and negotiates to achieve business objectives.

• Recommends and implements solutions based on analysis of issues and implications for the business.

• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.

• Helps determine business priorities and best sequence for execution of business/group strategy.

• Conducts independent analysis and assessment to resolve strategic issues.

• Ensures alignment between stakeholders.

• Builds effective relationships with internal/external stakeholders.

• Coordinates the management of databases; ensures alignment and integration of data in adherence with data governance standards.

• Monitors and tracks performance, and addresses any issues.

• Designs and produces regular and ad-hoc reports, and dashboards.

• Leads or participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.

• Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.

• Provides input into the planning and implementation of operational programs.

• Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder technology needs.

• Provides advice and guidance to assigned business/group on implementation of technology solutions.

• Supports business in production support, system enhancements, product upgrades and development.

• Provides expertise to establish key business initiatives/priorities to support & sustain the strategic direction.

• Supports the IT transformation agenda and ensures business & technology needs align.

• Breaks down strategic problems, and analyses data and information to provide insights and recommendations.

• Tracks metrics and milestones, makes recommendations for resolution and escalates as appropriate when issues arise.

• Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.

• Builds effective relationships with internal/external stakeholders.

• May network with industry contacts to gather and identify competitive insights and best practices.

• Executes work to deliver timely, accurate, and efficient service.

• Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.

• Provides specialized consulting, analytical a